Disqualification of bankrupt
400.—(1)  In addition to any disqualification under any other written law, a bankrupt is disqualified from being appointed or acting as a trustee or personal representative in respect of any trust, estate or settlement, except with the permission of the Court.
[Act 25 of 2021 wef 01/04/2022]
(2)  Any disqualification to which a bankrupt is subject under this section ceases when —
(a)the bankruptcy order against the bankrupt is annulled or rescinded; or
(b)the bankrupt is discharged under Part 18.
(3)  Any person who acts as a trustee or personal representative while that person is disqualified by virtue of subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 2 years or to both.